Manulife Philippines and Manulife China Bank Life launch Manulife GoalReady investment-linked insurance plan

MANILA, Philippines — Manulife Philippines and Manulife China Bank Life (MCBL) today announced the launch of Manulife GoalReady, a peso-denominated variable unit-linked (VUL) insurance plan^[1], which empowers customers to build their desired future with additional benefits including flexible payment options, diverse investment choices, and enhanced long-term rewards.

Manulife GoalReady was developed in response to findings from the Manulife Asia Care Survey, which revealed that while people in the Philippines maintain an optimistic outlook on life, many lack confidence in their ability to achieve their goals. The survey uncovered a significant gap between the future well-being they aspire to and what they realistically expect to attain—especially in the areas of financial security, physical health, and mental wellness.

"At Manulife, we are committed to helping our customers achieve their life goals confidently. Our new Manulife GoalReady plan empowers customers in the Philippines to take control of their financial future—by making their money work harder through smart diversification and consistent investing. Amid global economic and socio-political shifts, our Filipino customers can navigate financial uncertainties with a plan that can help them secure their future while maximizing investment potential," said Rahul Hora, President and Chief Executive Officer, Manulife Philippines.

"With life insurance coverage and flexible payment terms, Manulife GoalReady can enable customers to proactively plan toward their desired future, whether it’s preparing for early retirement, funding their children's education, or building their dream business," Hora added.

About Manulife GoalReady

Manulife GoalReady offers life insurance coverage until age 99[^2] and optional health and protection riders, ensuring comprehensive protection even in the face of disability or hospitalization. The plan’s features include:

• Diverse investment options for enhanced earning potential: With Manulife GoalReady, customers can select from an extensive range of global and local investment fund options designed to match their goals and risk profiles. Among these top-performing funds, managed by Manulife Investment Management, are Global Multi-Asset Income Fund (for income generation) and Global Market Leaders Fund (for growth and protection). Both funds have historical returns demonstrating solid track records across different risk profiles.
• Long-term rewards: Manulife GoalReady offers loyalty bonuses as early as the plan’s sixth year, earlier than similar products in the market.  With this feature, customers can receive a 1.75% bonus on their fund value from years 6-10, with continued bonuses from year 11 onwards—significantly enhancing their potential fund value growth over time.
• Flexible goal-based payments that fit every budget: Manulife GoalReady offers two payment options to match customers' financial capacity: Regular Pay with a minimum premium of PHP24,000 annually (PHP2,000 monthly) and 5-Pay with a minimum of PHP60,000 annually (PHP5,000 monthly) ^[3]. This flexibility allows customers to customize their payment duration based on their unique goals and budget.

"Through Manulife GoalReady, we aim to be Filipinos’ trusted partner in building a resilient financial future by helping them take meaningful action today," added Hora. "Whatever their life goals, Manulife will be with our customers enabling them to achieve financial independence on their own terms."

Additionally, with the help of the Manulife GoalReady calculator, customers can estimate how much they need to save based on their specific financial goal, budget, saving horizon, income protection needs—equipping them with the information to decide their payment duration according to their own priorities and pace.

Manulife GoalReady is now available through Manulife financial advisors and MCBL financial sales associates in Chinabank and China Bank Savings branches nationwide. To know more about Manulife GoalReady, visit this link. For Chinabank and China Bank Savings customers, visit this link.

^[1] Variable unit-linked (VUL) insurance plans combine life insurance protection with investment opportunities. These products offer financial coverage and benefits in the event of specific circumstances like death or disability, while also allowing policyholders to potentially grow their money through investments in various funds.

^[2] Subject to policy terms and conditions

^[3] Premium amounts are based on the insured person’s age at the time of policy issuance. 

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